India: Jindal SAW’s net profit declines 75% y-o-y in Q2 FY21

Jindal SAW Limited, a leading global manufacturer and supplier of iron and steel pipes has announced financial results for Q2 ended Sep 30, 2020. The company reported total income of INR 20,208 mn, down 16% y-o-y in Q2 FY21 against INR 23,990 mn in the year-ago period. Net profit stood at INR 744 mn , declining 75% y-o-y in Q2 FY21 compared to INR 3,034 mn in Q2 FY20.


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